Swingeing fines have made banks too risk-averse – The Economist

Swingeing fines have made banks too risk-averse – The Economist

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The Economist

Swingeing fines have made banks too risk-averse
The Economist
Banks deserve a new approach to financial regulation—one that accepts mistakes can be made in good faith. Multilateral institutions such as the IMF should do more to help the countries worst affected by derisking to improve their financial oversight.

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